Red Violet prices 1,666,667-share follow-on offering at $60 per share
RDVT•Follow-on offering priced
- Red Violet priced an underwritten follow-on offering of 1,666,667 common shares at $60 per share.
- Gross proceeds are expected to be $100 million; closing is set for Aug. 7, 2026, subject to customary conditions.
- Underwriters have a 30-day option to buy up to 250,000 additional shares at the offering price, less discounts.
- Net proceeds are earmarked for working capital, general corporate purposes, and potential strategic acquisitions.
